Articles

E-Commerce Times: Breaking the Fraud Chain

June 29, 2018 -- How to effectively mitigate CNP fraud through multilayered solutions. Robert Capps, VP at NuData, wrote a report issued yesterday by The E-Commerce Times, disclosing that by securing every "link", eCommerce companies can stop large amounts of CNP fraud. Looking at not only your POS systems, but deeper, into who your third, fourth and fifth party providers are, can create an effective risk management strategy for companies hoping to fend off a breach.[quote]Online fraud is one of

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PaymentsSource: As consumers warm to biometrics, there’s no reason to stick with passwords

June 22, 2018 -- As cybersecurity awareness grows, so does a preference for authentication forms alternative to passwords. Robert Capps, VP at NuData, wrote a report issued yesterday by PaymentsSource, disclosing that in a recent survey by research firm Blink, and authentication company Trustona interesting stats were found about biometric adoption. The data collected shows that 80% of consumers are interested in using biometrics because it is safer, in addition to 52% of consumers wanting a modern log in method.These

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PaymentsJournal: The Business of Synthetic Identities

June 1, 2018 -- A look at the market of synthetic identity creation and fraudRyan Wilk, VP at NuData, wrote a report issued yesterday by PaymentsJournal disclosing that consumers are placing their trust in online businesses and banks with the expectation that they can transact or buy what they want, when they want, without risk. Customers also expect that companies will protect their interests without making them jump through security hoops.[quote]Today, more companies are implementing multi-layered security solutions that include

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Corporate Compliance Insights: Account Takeover Is On The Rise: Is Your Company Ready?

May 15, 2018 -- Sophisticated Data Breaches Threaten the U.S.Robert Capps, VP at NuData, wrote on a report issued by Corporate Compliance Indights disclosing that across the globe, data breaches continue to increase each year, making it even easier for fraudsters to take over accounts. We are already near ten billion exposed records since 2013 – 9.7 billion – according to the Breach Level Index.[quote]Combating account takeover poses a huge challenge because the attacks that pave the way for account

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ITSP Magazine: Companies Lost Trust In Their Users. What’s Next?

May 13, 2018 -- Data breaches are at a historic high, with 1,579 reported in 2017Ryan Wilk, VP at NuData, wrote a report issued by ITSP Magazine, informing that those in the InfoSec world are used to grappling with the kind of numbers that might make a layperson recoil in horror, but one statistic from 2017 stands out as especially worrying.[quote]As everyone who has any accounts online will know, the temptation to recycle passwords is often greater than the threat

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